Commbank Netbank CBA | Commbank Login At www.commbank.com.au

Commbank Netbank CBA | Commbank Login At www.commbank.com.au

Commbank is a Multinational Australian bank with businesses across New Zealand, Asia, Fiji, the United Kingdom and the USA. It is simply known as the commonwealth bank or commbank or CBA.Commbank Netbank

The commonwealth bank is a public liability company, which traded as ASX: CBA. Its core duty is providing banking and financial services. The bank has its headquarters at Darling Harbour, Sydney, Australia. This bank has a total workforce of 45,129 employees as at 2016.

For Commbank Netbank, Commbank Login, click here or visit www.commbank.com.au

  • Introduction
  • History
  • Products and services
  • No of Locations and ATM
  • Subsidiaries
  • Divisions
  • International presence

History Of Commbank Netbank

Commonwealth bank was founded in the year 1911 on the 22nd day of December, as a government bank. But just 26 years ago (1991), the bank became a public company with so many divisions and subsidiaries.

Commonwealth Bank of Australia has; A$24.578billion as Revenue, operating income of A$12.854billion, A$9.227billion as profit, a total asset of A$933.078 and A$60.756 Total equity.

The Chief Executive Officer and Managing Director of Commonwealth bank of Australia are Ian Narev, while David J Turner, is the chairman of the board of Directors.

Products And Services Of Commbank

Commonwealth has a wide range of products and services which include the following;

  • Corporate banking
  • Finance and insurance
  • Investment banking
  • Consumer banking
  • Investment management
  • Global investment
  • Private equity (mortgages, credit cards) etc.

Number Of Locations And ATMs

As a multinational bank, CBA has over 1,100 branches and more than 4,300 ATM centers all over the world.

Subsidiaries

The following list consists the subsidiaries of Commonwealth Bank of Australia;

  • ASB Bank
  • Bankwest
  • Colonial First State
  • Commonwealth Securities
  • Sovereign Limited

Commonwealth Bank is one of the “big four” Australian banks, in addition to Westpac bank, National Australia Bank (NAB), and ANZ. In 1991, the bank listed on the Australian Stock Exchange, this made the government of Australia privatize the bank fully in 1996.

Divisions

Each of the divisions of comeback is managed by one or two of its subsidiaries. This is a list of the comeback divisions;

Retail banking services.

Business and private banking.

Institutional banking and markets

International financial services

Wealth management.

International Presence

As earlier stated, the Commonwealth of Australia is a multinational bank with branches scattered all over the world. The bank’s international presence includes:

  • Life insurance coverage in New Zealand
  • Retail banks in Indonesia (PT Bank commwealth), New Zealand, and china.
  • Joint venture life insurance businesses in Indonesia, china, and Vietnam.
  • The first state funds management business in Hong Kong. Singapore, London, Fiji, China and Indonesia.
  • Representative offices in Beijing, Shanghai, Hanoi, and Bangalore
  • Commonwealth branches in London, New York City, Tokyo, Singapore, Hong Kong, Auckland, and Mumbai.

Controversy

Commbank which now has its headquarters at Darling Harbour, Sydney, Australia, was first situated at the commwealth trading bank building of Pitt Street and Martin place, this place, however, was refurbished from 2012 for commercial and retail purposes. In 2012, the state savings bank building on martin place which was sold to Macquarie Bank moved its headquarters from Pitt Street and martin place to Drling harbor Sydney Australia, a two nine-story buildings.

Websites:

For Commbank Netbank, Commbank Login, and any other financial help and inquiry, visit www.commbank.com.au

Customer service: 00961299993283